Business

Target’s new CEO Fedelke calls the violence painful

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🔥 Explore this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Fiddelke, Target's chief operating officer, will take over as CEO on February 1. In the video message to employees, he said he was looking forward to starting the job within a week and "this is not the first message I imagined I would send."He said that he "met with a group of leaders and added my signature this weekend to a statement using our collective voice to call for calm, constructive dialogue, and de-escalation to reduce tensions and keep people safe as this work continues."Hello…

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Air travel will return to normal by Wednesday, DOT Sec. Sean Duffy says

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✨ Explore this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Transportation Secretary Sean Duffy said the Federal Aviation Administration needs two more days to fully recover from major flight disruptions that occurred over the weekend due to the massive winter storm that swept across the country.In an interview Monday with CNBC's "Squawk Box," Duffy said the FAA is targeting Wednesday as the day it hopes flights will return to normal."This storm is unique," Duffy said. "You get ice and you get snow, and on top of that, we now have a blast of cold weather…

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Auto executives are hoping for the best and planning for the worst in 2026

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✨ Read this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: US President Donald Trump and Ford CEO Jim Farley applaud, as President Trump visits the Ford Production Center, in Dearborn, Michigan, US, January 13, 2026. Evelyn Hochstein | ReutersDETROIT — The only consistency has been inconsistency in the U.S. auto industry during the first half of this decade — a trend that is expected to continue amid challenging market conditions in 2026.The U.S. auto sector — a critical driver of the economy estimated at 4.8% of U.S. GDP — has been plagued by sustained crises…

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Warren criticizes CFPB director Vought for undermining Trump’s credit card affordability

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✨ Explore this awesome post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: US Senator Elizabeth Warren (D-Mass.) and US Office of Management and Budget Director Russell Vought.Kevin Mohatt | Kevin Lamarque | | ReutersSen. Elizabeth Warren on Friday accused the acting head of the Consumer Financial Protection Bureau of undermining President Donald Trump's stated push to make credit cards more affordable, according to a letter obtained exclusively by CNBC.In a letter to acting CFPB Director Russell Vought, Warren, a Democrat from Massachusetts, noted that last year the agency dropped a rule limiting credit card late fees, sided…

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Wall Street braced for a collapse in private credit. The risk is rising

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🚀 Check out this awesome post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: The sudden collapse last fall of a string of US companies backed by private credit brought into focus a fast-growing and murky lending corner on Wall Street.Private credit, also known as direct lending, is an umbrella term for lending done by non-bank institutions. The practice has been around for decades, but rose in popularity after post-2008 financial crisis regulations discouraged banks from serving riskier borrowers. That growth — from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029 — and the bankruptcies…

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Next steps for Eli Lilly, Novo Nordisk and Pfizer

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💥 Read this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, January 15, 2026.George Fry | Bloomberg | Getty ImagesThe future of the booming obesity drug market won't rest on drugs that deliver greater weight loss alone. Senior executives from large and small pharmaceutical companies told CNBC that the next phase of the space will be defined by a broader range of treatment options and improved access for patients. Those were among the topics that came up at JPMorgan's annual healthcare conference…

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C-PACE CRE Lending is Suddenly Seeing Record Deals

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🔥 Discover this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Wipro | moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.A specific type of loan that helps commercial building owners pay for large improvements to save energy or water, add renewable energy, or improve resiliency is seeing explosive…

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Rich advisors say AI is not a game-changer in attracting new clients

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🚀 Explore this insightful post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: D3sign | moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Market data companies are touting artificial intelligence as the key to locating ultra-high-net-worth clients. But leaders at elite advisory firms told Inside Wealth they're not sold. To begin with, while AI products can expose the data and contact information of high-net-worth individuals, this is only half the battle.…

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Capital One is buying startup Brex for $5.15 billion in the credit card company’s latest deal

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💥 Read this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: BRICS founders Pedro Franceschi and Henrique Dubugras.BrixCapital One It said Thursday it has acquired payments startup Brex for $5.15 billion, the latest blockbuster deal by CEO Richard Fairbank.The company, which revealed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50% stock for Brix.The bank's shares fell by about 3%.Under Fairbank, the rare founder and CEO of a major U.S. bank, Capital One acquired rival card company Discover Financial last year for about $35 billion. The deal was Fairbank's biggest…

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When the super-rich employ family members, what to pay them can be difficult

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🔥 Read this must-read post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Ultra-wealthy families are increasingly using their personal investment companies to bring millennial and Gen Z heirs into the fold. In a tough job market, it's a way for younger family members to get job experience, according to Joshua Gentin, a family office consultant. Moreover, there are more opportunities for next-generation heirs to participate…

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